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PMG, Lion Development Group and Marc Roberts Companies Secure $215 Million Construction Loan For 38 West Eleventh Residences Miami

April 1, 2025

National developer PMG, Michael Simkins’ Lion Development Group, and Marc Roberts Companies have secured $215 million in construction financing for 38 West Eleventh Residences Miami, a 44-story, 659-residence condominium in Miami’s Park West neighborhood.

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In Banking, Commercial, Development, Development News, Downtown, Finance & Banking, News, News & Features, Residential Tags News & Features, News, Development News, Development, Featured, Residential, Commercial, Banking, Finance & Banking, PMG, Lion Development Group, Michael Simkins, Marc Roberts Companies, GoldenTree Asset Management, PMG Residential, Park West, Downtown, Downtown Miami, Construction Loan, Finance, Financing, 38 NW 11th St
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Terra and Lion Development Group Launch Sales For Jean-Georges Miami Tropic Residences, Michelin-Star Chef's First Residential Building

October 22, 2024

Co-developers Terra, led by David Martin, and Lion Development Group, led by Michael Simkins, have launched of sales for Jean-Georges Miami Tropic Residences. Located at 3501 NE 1st Avenue, at the nexus of Miami Design District and Midtown Miami, the building signifies Jean-Georges’ first foray into residential real estate.

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In Design District, Development, Development News, Development Sales, Miami Design District, Midtown, News, News & Features, Residential Tags News & Features, News, Development News, Development, Featured, Residential, Lion Development Group, Michael Simkins, David Martin, Terra Group, Terra, Jean-Georges Miami Tropic Residences, Jean-Georges Vongerichten, Midtown, Design District, Miami Design District, Branded Residences, Development Sales
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Bespoke Miami Residences From The High $400's, Only at One West Twelve

August 6, 2024

One West Twelve Residences (ONE W12) is a 372-residence tower offering a lively lifestyle. ONE W12  will evoke iconic Miami glamour through a curated selection of engaging amenities, including a rooftop  pool & garden and a dining & lounge concept by acclaimed Chef Marcus Samuelsson.

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In Development, Development News, Development Sales, News, News & Features, Overtown, Residential Tags News & Features, News, Development News, Development, Development Sales, Residential, Featured, PMG, ONE W12, ONE West Twelve Residences, Lion Development Group, Overtown
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PMG, Lion Development and LNDMRK Development Reveal One West Twelve Residences in Overtown

July 9, 2024

PMG, Lion Development Group, and LNDMRK Development have revealed One West Twelve Residences (ONE W12) in the heart of Historic Overtown, featuring 372 bespoke residences with captivating views of both Miami’s iconic skyline and vibrant sunset vistas.

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In Development, Development News, Development Sales, News, News & Features, Overtown, Residential Tags News & Features, News, PMG, Lion Development Group, LNDMRK Development, ONE West Twelve Residences, Overtown, ONE W12, Development, Development News, Development Sales, Residential, Cube3, Cube 3, Michael Simkins, Ryan Shear, Alex Karakhanian, Featured
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Check Out The Newly Revealed Renderings of Lion Development and Terra's Midtown 1

May 14, 2024

Renderings have been revealed for Midtown 1, a 48-story tower set to become the tallest in Midtown Miami. The project is being developed by a joint venture between leading Miami-based developers Terra, led by David Martin, and Michael Simkins’ Lion Development Group.

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In Development, Development News, Midtown, News, News & Features Tags News & Features, News, Development News, Development, Lion Development Group, Michael Simkins, Terra Group, Terra, Midtown, Midtown 1, Arquitectonica, Yabu Pushelberg, David Martin
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Lion Development Group, LNDMRK Development and Tricera Capital Close On Society Wynwood Retail For $22.5 Million

May 13, 2024

A partnership between Lion Development Group led by Michael Simkins, LNDMRK Development led by Alex Karakhanian and Tricera Capital led by Ben Mandell have closed on 32,000 square feet of ground-floor retail space at Society Wynwood for $22.5 million.

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In Commercial, Development, Development News, News, News & Features, Retail, Wynwood Tags News & Features, News, LNDMRK Development, Lion Development Group, Tricera Capital, Michael Simkins, Alex Karakhanian, Ben Mandell, Society Wynwood, PMG, Greybrook, Commercial, Development, Development News, Featured, Wynwood, Retail
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A nearby lot owned by Michael Simkins with PMG’s E11EVEN Residences Beyond Sales Gallery

Lion Development, PMG and LNDMRK Development Team Up To Purchase Overtown Development Site

February 9, 2024

Michael Simkins’ Lion Development, Property Markets Group (PMG) and Alex Karakhanian’s LNDMRK have partnered to purchase Overtown’s Block 19 located at 105 NW 11th Terrace for $16.5 million. The 1.5 acre development site will be a Transit Oriented Development (TOD) with a combination of market-rate and workforce housing apartments, along with parking for residents and visitors.

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In Commercial, Development, Development News, Development Sites, News, News & Features Tags News & Features, News, Development News, Development, Development Sites, Commercial, Lion Development Group, Michael Simkins, PMG, Property Markets Group, Alex Karakhanian, LNDMRK Development, Overtown
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Terra and Lion Development Group Acquire Midtown Development Site For $40 Million

June 28, 2023

A joint venture between leading Miami-based developers Terra, led by David Martin, and Michael Simkins’ Lion Development Group, has closed on the $40 million purchase of a prime 1.6-acre piece of property located at 3501 NE 1st Avenue in Miami. Plans call for an iconic luxury condominium tower designed by Miami-based architect Arquitectonica and international design studio Yabu Pushelberg set to rise at the nexus of Miami’s most in-demand neighborhoods.

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In Acquisitions, Commercial, Closed, Development, Development News, Development Sites, Finance & Banking, Midtown, News, News & Features, Traded, Banking Tags News & Features, News, Development News, Development, Development Sites, Commercial, Midtown, Michael Simkins, Terra Group, Terra, David Martin, Lion Development Group, June 2023, Traded, Closed, Acquisitions, Yabu Pushelberg, Metropolitan Commercial Bank, Banking, Finance & Banking, Finance, Financing, Featured
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Yupix Meta-Realty Virtual Tour of West Eleventh Residences

PMG, Lion Development Group And Marc Roberts Companies Launch West Eleventh Residences In Lavish District 11 Fashion

March 28, 2023

On Tuesday, March 14th, national developer PMG along with partners Lion Development Group and Marc Roberts Companies celebrated the official launch of West Eleventh Residences. The event took place at the lavish sales gallery for West Eleventh Residences, debuting the newly revealed scale model of the tower and complete with a Yupix meta-realty virtual reality experience as well as a whale ice sculpture at the champagne bar.

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In Development, Development News, Development Sales, Downtown, Events, Lifestyle, News, News & Features Tags PMG Residential, PMG, Marc Roberts, Michael Simkins, Lion Development Group, Marc Roberts Companies, West Eleventh Residences, Downtown, Park West, District 11, Giselle, Ryan Shear, Demetri Demascus, Justin Rounick, Development News, Development, Development Sales, Lifestyle 2023, Events, News & Features, News, AirBNB, March 2023
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PMG, Lion Development Group and Marc Roberts Companies Launch West Eleventh Residences In Collaboration With AirBNB

February 16, 2023

PMG, Michael Simkins’ Miami-based Lion Development Group, and Marc Roberts Companies have launched sales for West Eleventh Residences, their third luxury short-term rental tower in Downtown Miami’s hot Park West neighborhood now dubbed District 11. Located at 18 NW 11th Street, West Eleventh Residences will offer short-term rental flexibility and a first-time opportunity for owners to enjoy fully centralized management with the ability to host guests 365 days a year on Airbnb.

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In Development, Development News, Development Sales, Downtown, News, News & Features, Residential, Commercial Tags PMG Residential, PMG, Michael Simkins, Lion Development Group, Marc Roberts, February 2023, News, News & Features, Development News, Development, Development Sales, Residential, Commercial, featured, Featured, Ryan Shear, Park West, Downtown Miami, Downtown, District 11, West Eleventh Residences, E11EVEN, Short Term Rentals, AirBNB, Flexible Living
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